Correlation
The correlation between QLC and MCHI is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
QLC vs. MCHI
Compare and contrast key facts about FlexShares US Quality Large Cap Index Fund (QLC) and iShares MSCI China ETF (MCHI).
QLC and MCHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLC is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Quality Large Cap Index. It was launched on Sep 24, 2015. MCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Index. It was launched on Mar 29, 2011. Both QLC and MCHI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLC or MCHI.
Performance
QLC vs. MCHI - Performance Comparison
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Key characteristics
QLC:
0.82
MCHI:
0.62
QLC:
1.16
MCHI:
1.05
QLC:
1.17
MCHI:
1.14
QLC:
0.79
MCHI:
0.36
QLC:
3.00
MCHI:
1.60
QLC:
4.88%
MCHI:
12.56%
QLC:
19.60%
MCHI:
34.61%
QLC:
-35.86%
MCHI:
-62.84%
QLC:
-3.02%
MCHI:
-40.72%
Returns By Period
In the year-to-date period, QLC achieves a 2.05% return, which is significantly lower than MCHI's 12.72% return.
QLC
2.05%
6.62%
-0.37%
15.97%
15.02%
16.19%
N/A
MCHI
12.72%
2.25%
13.76%
21.17%
3.29%
-0.91%
0.52%
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QLC vs. MCHI - Expense Ratio Comparison
QLC has a 0.32% expense ratio, which is lower than MCHI's 0.59% expense ratio.
Risk-Adjusted Performance
QLC vs. MCHI — Risk-Adjusted Performance Rank
QLC
MCHI
QLC vs. MCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares US Quality Large Cap Index Fund (QLC) and iShares MSCI China ETF (MCHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
QLC vs. MCHI - Dividend Comparison
QLC's dividend yield for the trailing twelve months is around 1.00%, less than MCHI's 2.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLC FlexShares US Quality Large Cap Index Fund | 1.00% | 1.03% | 1.26% | 1.46% | 0.96% | 1.40% | 1.91% | 1.82% | 1.29% | 1.80% | 0.64% | 0.00% |
MCHI iShares MSCI China ETF | 2.05% | 2.31% | 3.49% | 2.15% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% |
Drawdowns
QLC vs. MCHI - Drawdown Comparison
The maximum QLC drawdown since its inception was -35.86%, smaller than the maximum MCHI drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for QLC and MCHI.
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Volatility
QLC vs. MCHI - Volatility Comparison
The current volatility for FlexShares US Quality Large Cap Index Fund (QLC) is 4.75%, while iShares MSCI China ETF (MCHI) has a volatility of 7.13%. This indicates that QLC experiences smaller price fluctuations and is considered to be less risky than MCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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